AMSC acquired Northeast Power Systems, Inc. (NEPSI), a supplier of medium voltage capacitor banks and harmonic filters, for $26 million in cash and 873,657 restricted shares of AMSC common stock. The acquisition aims to expand AMSC's grid business offerings in the industrial sector.
Premier Steel Doors and Frames, part of OpenGate Capital's Door Solutions Group, acquired MegaMet Industries, a manufacturer of acoustic, blast-proof, and specialty hollow metal doors. Terms were not disclosed.
Romeo Power, an energy technology company, entered a definitive merger agreement with RMG Acquisition Corp. to become a publicly listed company on the NYSE under ticker RMO. The company has a 7 GWh-capable manufacturing facility in Los Angeles.
NewAge Industries, parent of AdvantaPure, purchased the remaining unit of a building near its headquarters, now owning the entire 90,000 sq. ft. property. The facility will increase manufacturing capacity for high-purity tubing and molded assemblies, with Phase 1 renovations underway.
Wagner Logistics was awarded a contract by Olin Winchester for warehousing and transportation operations at the Lake City Army Ammunition Plant in Independence, Missouri, beginning October 1, 2020.
Elbit Systems of America was awarded a $35 million five-year firm-fixed-price contract by the U.S. Naval Supply Systems Command for repair of line-replaceable units in support of the V-22 Osprey aircraft. Repairs will be performed in Fort Worth, Texas and Talladega, Alabama through October 2025.
Danimer Scientific, a bioplastics company, entered a definitive merger agreement with Live Oak Acquisition Corp. to become a public company. Institutional investors committed $210 million at closing.
Universities Superannuation Pension Fund and Alinda Capital Partners completed the acquisition of PECO Pallet, a provider of pooled rental pallets. Financial terms were not disclosed.
PaperWorks will invest $25 million in new printing and finishing equipment to enhance North American production capacity at its Baldwinsville, New York converting facility, with installation running from October 2020 to Q1 2021.
Emko Capital announced the acquisition of Norfab and Amatex, adding them to its investment in The Davlyn Group, a U.S.-based manufacturer of technical textile products.
Intel Corp. won a second-phase contract to help the U.S. military develop more advanced semiconductors within the United States. Intel will help develop prototypes of chips using its semiconductor packaging technology at factories in Arizona and Oregon.
Hexion is selling its phenolic resin, hexamine, and European forest-product resin businesses to private equity firms Black Diamond and Investindustrial for $425 million. The businesses include the Bakelite brand and generated $530 million in sales over the past 12 months.
SePRO Corporation has acquired Applied Biochemists and Marine Biochemists, along with other select assets, from Innovative Water Care LLC (d/b/a Sigura), effective October 2, 2020. The deal expands SePRO's aquatic management product portfolio.
The Fionet Rapid Response Group, a joint venture of Relay Medical and Fio Corporation, signed a manufacturing agreement with Keytronic for production of 1,000 Fionet rapid response devices. Initial production runs are expected in October 2020.
Goodrich Corp in Troy, Ohio, received a $7,177,466 firm-fixed-price order from the Defense Logistics Agency for 51 carbon brakes, 50 wheel assemblies and associated parts for the C-130 aircraft for the Marine Corps. Work is expected to be completed by March 2021.
FLSmidth signed a definitive agreement to acquire Salt Lake City-based KnowledgeScape, a provider of advanced process control and automation software for mineral processing. The acquisition expands FLSmidth's digital portfolio.
Furukawa Electric transferred its heavy magnet wire business and related assets to a joint venture with Superior Essex, which owns 61% of the new entity Essex Furukawa Magnet Wire LLC. The transaction was completed on October 1, 2020.
Northfield Medical Manufacturing acquired Custom Healthcare Systems, a manufacturer of sterile surgical kits and procedural trays, for an undisclosed amount.
LyondellBasell acquired a 50% stake in Sasol's ethane cracker and two polyethylene plants in Lake Charles, Louisiana, for two-thirds of estimated replacement value.
Trillium Flow Technologies is moving its WSP Self-Primer pump line and other operations from Salt Lake City, Utah to a Fresno, California facility that becomes its US pump headquarters. The move is expected to generate more than 50 additional jobs over five years.
AML Global Eclipse LLC, backed by Christopher Harborne, reached agreement with One Aviation Corporation to purchase the assets of Eclipse Aerospace, Inc. and the Eclipse Aircraft project. The deal is subject to bankruptcy court approval.
Redline Plastics unveiled a new facility in Manitowoc, Wisconsin, for manufacturing plastic products for construction, military, marine and agriculture industries.
UFP Industries, through its UFP Retail Solutions segment, acquired the equity of Fire Retardant Chemical Technologies (FRCT), a research and development laboratory specializing in fire retardants and water repellants. FRCT had $6.4 million in sales in 2019 and will continue to be led by founder Dr. Futong Cui.
An affiliate of SK Capital Partners completed the acquisition of the specialty polymers business of Baker Hughes. The business has been renamed NuCera Solutions and will continue manufacturing at Barnsdall, Oklahoma. Steve McKeown was appointed CEO and Shawn Ham as CFO.
Bendix Commercial Vehicle Systems acquired the 20% stake in the Bendix Spicer Foundation Brake joint venture held by Dana Incorporated, taking full ownership. The wheel-end business will be incorporated as a Center of Competency and renamed Bendix Commercial Vehicle Systems LLC effective January 1, 2021.
SUEZ and the Springfield Water and Sewer Commission reached a new 20-year contract for SUEZ to operate and maintain the city's wastewater treatment plant and combined sewer overflow system. The contract includes facility improvements and a partnership with AECOM.
Arteris announced a definitive agreement to acquire the majority of assets of Magillem Design Services. The acquisition aims to create the world's premier system-on-chip assembly company.
Superior Essex Inc. and Furukawa Electric Co., Ltd. finalized a global joint venture, forming Essex Furukawa Magnet Wire LLC. The combined company aims to become a global market leader in magnet wire.
Fidelity Building Services Group acquired Smart Building Technologies, a provider of building automation systems in Maryland, Virginia and Washington, D.C. The deal expands Fidelity BSG's building automation service offerings.
Superior Essex Inc. and Furukawa Electric Co., Ltd. finalized a global joint venture, forming Essex Furukawa Magnet Wire LLC. The joint venture combines their magnet wire businesses to create a global market leader.
Hartmann North America launched its second expansion at its Rolla, Missouri plant, which will more than double its physical footprint and more than triple its productive output. The expansion is expected to be completed next year (2021).
HomeServe USA acquired substantially all assets of UGI HVAC Enterprises, Inc., including UGI Heating, Cooling & Plumbing, Berkshire Mechanical, and Denny's Electric, expanding its HVAC footprint in Pennsylvania.
Komatsu has broken ground on a new headquarters and manufacturing campus in Milwaukee's Harbor District, Wisconsin. The company is investing approximately $285 million in the South Harbor Campus.
Furukawa Electric Co., Ltd. and Superior Essex Inc. finalized a global joint venture to form Essex Furukawa Magnet Wire LLC, a global market leader in magnet wire.
Superior Essex Inc. and Furukawa Electric Co., Ltd. finalized a global joint venture to create Essex Furukawa Magnet Wire LLC, a global market leader in magnet wire.
The U.S. Army awarded $5.4 million (potential up to $11 million) to a team led by Case Western Reserve University, including PolymerPlus, to develop advanced manufacturing approaches for high-performance polymeric materials.
AOC completed the acquisition of the maleic anhydride business and manufacturing facility in Neal, West Virginia, from Ashland Global Holdings.
Motion Industries broke ground on a $11.1 million, 104,000-square-foot shop facility in Irondale, Alabama, housing its fluid power shop, hose and rubber shop and engineering department. The project was announced in October 2020, is expected to finish in Q3 2021 and will create 15 new jobs.
Advanced Barrier Extrusions, owned by Graham Partners, agreed in October 2020 to acquire Berry Global's U.S. flexible packaging converter business for $140 million. The business comprises six printing and laminating facilities and will operate under the ABX name.
Hood Container installed a new state-of-the-art 98-inch Fosber corrugator at its Chicago facility to expand its product range and speed to market.
Parker Hannifin's HVAC Filtration Division announced a multi-year investment in its existing Jeffersonville, Indiana facility to increase manufacturing capacity for HEPA and medical filters. The investment is supported by the River Ridge Development Authority and the Indiana Economic Development Corporation.
Trillium Pumps merged its Salt Lake City, Utah facility into its Fresno, California plant, making Fresno its North American headquarters for pump manufacturing. The company expects to add more than 50 jobs, with the move to be completed by late 2021.
TemperPack plans to add manufacturing equipment at its Henrico, Virginia production plant, with a $21 million investment in new machinery and additional jobs. The expansion follows a $31 million fundraising round in August.
Endries International has acquired K&L Sales, Inc., a Wisconsin distributor of riveting products, fasteners and installation tools. K&L also offers vendor managed inventory services and a tool repair center.
Sage Automotive Interiors, an Asahi Kasei company, completed its acquisition of Adient's automotive fabric business for $175 million. The deal expands Sage's capacity and capability in the European automotive interior market.
Dover Precision Components activated robotic tuggers at its Inpro/Seal manufacturing facility in Rock Island, Illinois, to improve product flow and advance Lean manufacturing as part of a long-term manufacturing strategy.
Leading Technology Composites Inc. in Wichita has won a large defense contract worth up to $450 million to provide body armor inserts for U.S. Special Operations Command.
IEA LLC has expanded its Kenosha-based manufacturing capabilities with the purchase and installation of an aluminum brazing furnace. This vertical integration initiative re-shores production of aluminum heat exchangers previously sourced from international suppliers.
Foss Floors, a needled carpeting manufacturer in Rome, Georgia, has ordered its fourth complete production line from DiloGroup. The line features fully automatic fiber blending, carding, high-speed crosslapping, pre- and finish needling, and a DI-LOOP machine.
B.C. Organics is planning to build Wisconsin's largest biodigester in Wrightstown, which will collect manure from 13 local farms and convert it into natural gas.